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2 years ago

An example of contractionary fiscal policy would be:

2 answers:

4 0

The most recent large-scale use of contractionary fiscal policy came during President Bill Clinton's time in office (1993–2001), when he increased taxes on high-income taxpayers and decreased government spending on both defense and welfare

Zielflug [23.3K]2 years ago

3 0

Answer:

increasing taxes and lowering government spending.

Explanation:

When the government lowers taxes, consumers have more disposable income.

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andie needs to borrow $6,000 to buy a car. one dealer offers her a monthly payment of $193.60 on a 3-year loan with an apr of 10

Kitty [74]

Given the above stated information, the the correction options is C. Three year loan costs less than 4 year loan.

<h3>What is a the calculations justifying the above answer?</h3>

The computation is executed using excel. Here is the explanation for same:

There are two loan choices available. We must calculate the total payments for both alternatives and choose the one with the lowest cost.
The first option is to pay $193.60 per month with 10% interest for 3 years.
The second option is to pay $158 per month for four years at 12% interest.
Total cost for option 1 is $969.60.
Total cost for option 2 is $1584.00.

Hence from

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7 0

2 years ago

Which of the purchases is more likely to be paid for with a credit card?

Andru [333]

Probably something with a huge value

8 0

3 years ago

Read 2 more answers

4. Wilford has developed a leg pillow for long airline flights that reduces the risk of blood clots. He isn't sure how to develo

Viefleur [7K]

To learn how people are searching online, a keyword analysis would be most relevant.

8 0

3 years ago

If a U.S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be

Natalka [10]

Answer:

<u>The rate of exchange for the £ is US$ 4</u>

Explanation:

1. Let's check the information provided to answer the question correctly:

Amount the U.S. citizen want to buy in £ = 25,000

Amount the U.S. citizen will pay in US$ = 100,000

2. Let's calculate the rate of exchange for the British pound £, this way:

Rate of exchange = Amount in US$/Amount in £

Rate of exchange = 100,000/25,000

<u>Rate of exchange = 4 US$ per £</u>

We can also express the rate for the US$, this way:

Rate of exchange = Amount in £/Amount in US$

Rate of exchange =25,000/100,000

Rate of exchange = £ 0.25 per US$

5 0

3 years ago

A music school has budgeted to purchase three musical instruments. they plan to purchase a piano costing $3,000, a guitar costin

daser333 [38]

Assuming the costs are normally distributed, then Z = (X-mu)/sigma

For piano Z= (3000-4000)/2500 = -0.4

For guitar Z= (550-500)/200 = 0.25

For drums set Z= (600-700)/100 = -1

Drums set < Piano < Guitar

Drums cost is lowest when compared to the instruments of same type .

Guitar cost is highest when compared to the instruments of same type.

8 0

3 years ago